OAKLANDS PARK ranks 51st in SA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -0.31% for the past year is lower than average compared to its 19.38% growth within a five-year period.
Also in OAKLANDS PARK, the median home price is sitting at $477,500, and the average rent at $387.5, this suggests property owners could potentially earn a 4.22% increase in gross rental yield.
Property investors have seen a 0.1% gain in OAKLANDS PARK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.04% growth over a ten-year period. It ranks 2475th on our list of suburbs that property investors should look into.
A 16.42% increase in median property prices in OAKLANDS PARK, 5046 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 38th.
A steady increase in median property prices over a five-year period in OAKLANDS PARK, 5046 translates to a 25% capital gain.
OAKLANDS PARK, 5046 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $390,000.
Augmented property values in OAKLANDS PARK are trailing above the SA average of 3.75% for the past year.
Real estate investors could earn a rental income of $320 based on current median home prices for the suburb.
Home owners selling their properties and realtors in OAKLANDS PARK usually have to wait an average of 81.7 days days before their assets are lifted off the market.
OAKLANDS PARK ranks 139th on the list of best yielding suburbs for rental properties in SA, posting a 4.27% return.
OAKLANDS PARK, 5046 places 58th in Australia based on median property value growth during the quarter.